Oil – US Crude IG Consumer Sentiment: Our knowledge reveals merchants are actually net-short Oil – US Crude for the primary time since Sep 16, 2019 when Oil

Variety of merchants net-short has elevated by 47.90% from final week. SYMBOL

Variety of merchants net-short has elevated by 47.90% from final week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

BULLISH

49.35%

50.65%

-5.15%
Each day

-17.31%
Weekly

21.47%
Each day

47.90%
Weekly

6.69%
Each day

6.47%
Weekly

Oil – US Crude: Retail dealer knowledge reveals 49.35% of merchants are net-long with the ratio of merchants…